Shocking but true, a large majority of drivers kept their coverage with the same auto insurance company for over three years, and just under half have never quoted rates to find lower-cost coverage. Drivers in Detroit could save themselves as much as $3,800 a year by just comparing quotes, but they just feel it’s too hard to find lower-cost insurance by shopping around.
Really, the only way to find cheaper Saturn Outlook insurance is to compare prices at least once a year from different companies who provide auto insurance in Detroit.
Step 1: Try to comprehend what coverages are included in your policy and the factors you can control to keep rates in check. Many factors that drive up the price such as accidents, traffic tickets, and an imperfect credit history can be controlled by paying attention to minor details. This article gives more details to lower rates and find available discounts that you may qualify for.
Step 2: Request price quotes from direct, independent, and exclusive agents. Direct and exclusive agents can only provide price estimates from one company like GEICO or Allstate, while agents who are independent can provide price quotes for a wide range of insurance providers.
Step 3: Compare the quotes to your current policy to see if cheaper Outlook coverage is available. If you can save some money and decide to switch, make sure coverage does not lapse between policies.
A good tip to remember is that you’ll want to make sure you compare similar limits and deductibles on every quote and and to get rate quotes from as many auto insurance providers as possible. Doing this helps ensure the most accurate price comparison and a complete selection of prices.
The companies in the list below are ready to provide price quotes in Detroit, MI. To buy the cheapest auto insurance in Detroit, it’s highly recommended you get prices from several of them in order to find the cheapest rates.
Facts and figures for Saturn Outlook insurance
The price information below covers a range of insurance prices for Saturn Outlook models. Having a good understanding how policy rates are determined helps drivers make smart buying decisions.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Outlook XE 2WD||$422||$710||$780||$46||$234||$2,192||$183|
|Outlook XV 2WD||$422||$710||$780||$46||$234||$2,192||$183|
|Outlook XE Premium 2WD||$470||$838||$780||$46||$234||$2,368||$197|
|Outlook XE AWD||$470||$838||$780||$46||$234||$2,368||$197|
|Outlook XE Premium AWD||$470||$838||$780||$46||$234||$2,368||$197|
|Outlook XR-L 2WD||$470||$838||$780||$46||$234||$2,368||$197|
|Outlook XR-L AWD||$470||$838||$780||$46||$234||$2,368||$197|
|Outlook XR-L Premium 2WD||$470||$838||$780||$46||$234||$2,368||$197|
|Outlook XR-L Premium AWD||$470||$838||$780||$46||$234||$2,368||$197|
|Get Your Own Custom Quote Go|
Table data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Michigan minimum liability limits. Discounts applied include multi-vehicle, multi-policy, homeowner, safe-driver, and claim-free. Premium costs do not factor in zip code location which can change price quotes significantly.
How violations and accidents impact rates
The chart below demonstrates how speeding tickets and at-fault collisions can increase Saturn Outlook car insurance rates for each age group. The premiums are based on a single male driver, full physical damage coverage, $250 deductibles, and no discounts are applied.
Do you need full coverage?
The information below shows the difference between Saturn Outlook insurance prices with full coverage compared to only the Michigan minimum liability coverage. The premiums assume no claims or violations, $250 deductibles, marital status is single, and no additional discounts are factored in.
Should you be buying full coverage?
There is no clear-cut rule to stop buying comp and collision coverage, but there is a broad guideline. If the annual cost of coverage is more than about 10% of the settlement you would receive from your company, then it might be time to buy liability only.
For example, let’s pretend your Saturn Outlook replacement value is $9,000 and you have $1,000 deductibles. If your vehicle is totaled, the most you would receive is $8,000 after paying your policy deductible. If you are paying in excess of $800 a year for your policy with full coverage, then you might consider buying liability only.
There are some circumstances where dropping physical damage coverage is not a good plan. If you still owe money on your vehicle, you have to keep full coverage in order to keep the loan. Also, if your savings is not enough to buy a different vehicle if your current one is totaled, you should keep full coverage.
Affordable Detroit auto insurance rates with discounts
Companies do not list every available discount in an easy-to-find place, so the following is a list of some of the more common as well as the least known discounts you could be receiving when you buy Detroit auto insurance online.
- Theft Prevention Discount – Cars, trucks, and SUVs equipped with anti-theft or alarm systems are less likely to be stolen and will save you 10% or more on Outlook insurance in Detroit.
- Senior Discount – Older drivers could receive a small decrease in premiums.
- Distant Student – College-age children who are attending college and do not take a car to college may be insured at a cheaper rate.
- No Charge for an Accident – Not necessarily a discount, but some insurance companies will let one accident slide before raising your premiums so long as you haven’t had any claims before the accident.
- Early Switch Discount – A few companies allow discounts for switching companies prior to your current Outlook insurance policy expiring. This discount can save up to 10%.
- Discount for Good Grades – A discount for being a good student can earn a discount of 20% or more. Many companies even apply the discount to college students well after school through age 25.
- Fewer Miles Equal More Savings – Maintaining low annual mileage could qualify for better rates on cars that stay parked.
A quick disclaimer, most of the big mark downs will not be given to the entire policy premium. Some only apply to individual premiums such as comprehensive or collision. Despite the fact that it seems like you could get a free auto insurance policy, you aren’t that lucky.
The information below shows the comparison of Saturn Outlook premium costs with and without policy discounts. The prices are based on a male driver, no accidents, no driving violations, Michigan state minimum liability limits, comp and collision included, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multi-policy, claim-free, multi-car, safe-driver, and marriage discounts applied.
Popular auto insurance companies and a selection of discounts are detailed below.
- Progressive may have discounts that include multi-vehicle, online quote discount, online signing, multi-policy, and homeowner.
- MetLife discounts include claim-free, multi-policy, defensive driver, accident-free, and good student.
- Mercury Insurance offers discounts including age of vehicle, professional/association, annual mileage, type of vehicle, good student, accident-free, and low natural disaster claims.
- Nationwide includes discounts for business or organization, anti-theft, Farm Bureau membership, easy pay, and accident-free.
- GEICO may include discounts for military active duty, multi-vehicle, good student, membership and employees, five-year accident-free, and anti-lock brakes.
- AAA offers premium reductions for multi-policy, multi-car, AAA membership discount, good driver, and good student.
It’s a good idea to ask all the companies which discounts can lower your rates. Savings may not apply to policies in your state. To locate insurance companies who offer discounts in Detroit, click here.
Why you need quality insurance for your Saturn Outlook
Despite the high cost, paying for auto insurance may be mandatory for several reasons.
- Most states have minimum mandated liability insurance limits which means state laws require a specific level of liability protection in order to drive the car legally. In Michigan these limits are 20/40/10 which means you must have $20,000 of bodily injury coverage per person, $40,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If your vehicle has a lienholder, most lenders will require you to have full coverage to guarantee their interest in the vehicle. If coverage lapses or is canceled, the bank or lender will purchase a policy for your Saturn at a much higher premium rate and require you to pay for the much more expensive policy.
- Insurance safeguards not only your vehicle but also your financial assets. It will also cover many types of medical costs for you, any passengers, and anyone injured in an accident. Liability coverage, the one required by state law, also pays for attorney fees and expenses in the event you are sued. If you receive damage to your vehicle caused by a storm or accident, your auto insurance policy will pay to restore your vehicle to like-new condition.
The benefits of having auto insurance more than offset the price you pay, especially when you need to use it. But the average driver in Michigan is overpaying over $825 a year so it’s recommended you shop around once a year at a minimum to help ensure money is not being wasted.
Buying from insurance agents
Many drivers would rather have an agent’s advice and that can be a great decision Good agents are highly skilled in risk management and will help you if you have claims. A good thing about comparing rates online is the fact that drivers can get lower rates but still work with a licensed agent.
By using this quick form, your insurance coverage information is submitted to agents in your area that can provide free Detroit auto insurance quotes for your coverage. There is no reason to leave your house because prices are sent instantly to you. If you have a need to get a comparison quote from a specific company, you would need to jump over to their website and give them your coverage information.
Finding a good insurer should depend on more than just a low price. Any good agent in Detroit should know the answers to these questions.
- Do you have coverage for a rental car if your vehicle is in the repair shop?
- Do they have cheaper tiers of coverage?
- Does the agency have a good rating with the Better Business Bureau?
- What company do they have the most business with?
- Is the coverage adequate for your vehicle?
If you want to buy auto insurance from a reliable insurance agency, it’s important to understand the different types of agents that you can select. Agents are considered either independent agents or exclusive agents. Both can handle auto insurance, but it’s important to point out the difference between them because it can influence which type of agent you select.
Exclusive Auto Insurance Agencies
Exclusive agencies write business for a single company such as AAA, Allstate, State Farm, or Farmers Insurance. They generally cannot compare other company’s rates so they have no alternatives for high prices. Exclusive agencies are well trained on their company’s products and that allows them to sell at a higher price point.
Below are exclusive agents in Detroit who can help you get rate quotes.
Tony Massey – State Farm Insurance Agent
15 E Kirby St #112 – Detroit, MI 48202 – (313) 873-3334 – View Map
Independent Insurance Agents
Agents that choose to be independent do not sell for just one brand so they can quote policies with an assortment of companies and get you the best rates possible. If prices rise, they simply move the coverage in-house and you don’t have to find a new agent.
If you need lower rates, we recommend you get rate quotes from several independent insurance agents in order to have the best price comparison.
The following are Detroit independent agents who can help you get comparison quotes.
Auto insurance coverage specifics
Understanding the coverages of your auto insurance policy aids in choosing appropriate coverage and the correct deductibles and limits. Auto insurance terms can be difficult to understand and nobody wants to actually read their policy. Shown next are typical coverages found on the average auto insurance policy.
Medical expense coverage
Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses like funeral costs, hospital visits, EMT expenses, prosthetic devices and rehabilitation expenses. They are used to fill the gap from your health insurance plan or if you lack health insurance entirely. Coverage applies to not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. PIP is not an option in every state but can be used in place of medical payments coverage
Comprehensive insurance covers damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.
Comprehensive coverage protects against claims like hail damage, damage from flooding and rock chips in glass. The most your auto insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.
Uninsured or underinsured coverage
Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. Covered losses include medical payments for you and your occupants and damage to your Saturn Outlook.
Since many Michigan drivers only carry the minimum required liability limits (which is 20/40/10), their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked.
Auto liability insurance
This coverage will cover damage that occurs to a person or their property by causing an accident. Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see limits of 20/40/10 that means you have a limit of $20,000 per injured person, a total of $40,000 of bodily injury coverage per accident, and a limit of $10,000 paid for damaged property.
Liability coverage pays for claims such as repair costs for stationary objects, attorney fees, bail bonds, structural damage and funeral expenses. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford. Michigan requires minimum liability limits of 20/40/10 but drivers should carry more liability than the minimum.
The chart below shows why minimum state limits may not provide adequate coverage.
Coverage for collisions
Collision insurance pays for damage to your Outlook resulting from a collision with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.
Collision can pay for things like hitting a parking meter, hitting a mailbox, rolling your car and damaging your car on a curb. This coverage can be expensive, so you might think about dropping it from vehicles that are older. Another option is to bump up the deductible on your Outlook to get cheaper collision coverage.